Wyld Networks Interim Report January 1 to December 31, 2021: Rise in Customer Demand
The fourth quarter saw an increase in customer demand for
“In our commercial negotiations, we started to engage customers from a new market segment compared to those we have signed so far in 2021. In the fourth quarter, we expanded our engagement to sign agreements – and form a consortium – with some of the largest terrestrial networks in the world LoRaWAN® IoT operators such as
The Wyld team continues to make tremendous progress as we complete the foundation for a successful commercial launch of our satellite-based IoT solution scheduled for later this year. As a leading virtual satellite network operator, we are well positioned to take advantage of growing customer needs for global IoT connectivity. »
Financial summary, 2021
- Total income, kSEK
T4: 3,227 (1,167)
Full year: 6,529 (5,797)
- EBIT, kSEK
T4: -4,230 (-4,050)
Full year: -26,387* (-9,777)
- Earnings per share, SEK
T4: -0.51 (-1.44)
Full year: -3.19 (-3.47)
* Includes the one-time charge of
Highlights in Q4
Wild networksstrengthened its technical and commercial position, protecting its intellectual property and brand, with a published patent application for its advanced technology and secure trademarks for the Wyld brand.
- The company has joined the LoRa Alliance®, the global business association supporting the LoRaWAN® open standard for the Internet of Things (IoT), to ensure that the company participates in the standardization process within the industry for its solutions.
Wild networkshas partnered with acoustic technology innovator AgriSound to develop solutions to help maintain and optimize the pollination environment. Navigator Group of Companiesand Wild networkshas launched a partnership whereby Navigator will pilot Wyld’s satellite-based IoT connectivity prior to the commercial launch of Wyld Connect.
- The company has partnered with
Glas Data and Overbury Enterprisesto deploy satellite-connected soil moisture and water flow IoT sensors. The collaboration aims to provide and visualize critical data to achieve Overbury’s digitization goals and showcase the economic and environmental sustainability benefits of IoT in agriculture.
Significant events after Q4
Wild networksannounced its partnership with Communications EutelsatSenet and TrakAssure, forming a global consortium to bring integrated and interoperable LoRaWAN® terrestrial and satellite connectivity to customers worldwide.
- The company has partnered with
American Towerto deploy the Wyld Connect solution in Brazil. The companies will implement a pilot of Wyld Connect before a commercial agreement. Wild networksannounced a partnership with Treevia to deploy its sensor-to-satellite IoT technology with the Treevia SmartForest solution, a digital platform for automated forest operations management.
- A partnership with US-based Agrology has been entered into to deploy Wyld’s Satellite IoT solution to combine affordable satellite IoT and predictive data analytics for agriculture.
Wild networkshas partnered with Snow Acres to bring satellite-connected data to Snow Acre’s remote soil moisture sensing technology.
- Wyld and TrakAssure have formed a partnership to offer LoRaWAN® satellite-based global IoT connectivity for asset tracking solutions.
- An agreement has been signed with Axceta, a Canadian company specializing in IoT hardware and software, to offer satellite connectivity for IoT solutions to enable 100% global wireless coverage.
The interim report can be downloaded at
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